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Sergio Marchionne

A collection of news and information related to Sergio Marchionne published by this site and its partners.

Top Sergio Marchionne Articles

Displaying items 12-22
  • Chrysler profit up amid investor concerns over merger with Fiat

    Chrysler profit up amid investor concerns over merger with Fiat
    DETROIT (Reuters) - Amid concerns that Fiat shareholders will prevent a merger of the Italian automaker with Chrysler Group, the American automaker reported that second-quarter profit was up 22 percent to $619 million. Fiat shares fell as much as 8.5...
  • Jeep, truck sales power Chrysler to second-quarter profit

    Helped by robust sales of Jeep sport-utility vehicles and Ram pickup trucks, Chrysler Group on Wednesday reported a jump in profits for the second quarter. The automaker said it earned $619 million, up 22% from the same period a year earlier. Revenue...
  • Chrysler goes Italian as Fiat pays $4.35 billion for full control

    Italian automaker Fiat plans to take full control of Chrysler Group by buying out the shares held by a United Auto Workers union-controlled trust fund. The union and Fiat reached a deal on New Year’s Day for the automaker to acquire the 41.5% of...
  • American idle? Automakers upgrade perspective on Millennials

    American idle? Automakers upgrade perspective on Millennials
    DETROIT, Jan 16 (Reuters) - Young U.S. consumers want vehicles outfitted with expensive technology that boosts gas mileage and keeps them safe and connected, according to a survey published on Thursday. But the high cost of car ownership remains a...
  • Porsche's success looms over Maserati sales push

    Porsche's success looms over Maserati sales push
    MILAN (Reuters) - As Fiat Chrysler moves to reinvent its small Maserati brand as a serious rival to the world's luxury car makers, the pressure to succeed is all the greater for the startling success of Germany's Porsche. The German sportscar maker has...
  • Maserati Ghibli, Quattroporte wear Chrysler parts

    Maserati Ghibli, Quattroporte wear Chrysler parts
    It is a mix of emotions only an Italian car can evoke. Maserati's all-new Ghibli and redesigned Quattroporte sedans thrill with all the lusty performance and high style expected from a brand with a loose connection to Ferrari. But — mama mia!...
  • Automakers stay cozy in U.S. capital

    Nothing seemed to underscore the revolving door between federal regulators and the companies they regulate as vividly as the two milestones marked on Jan. 17 at the National Highway Traffic Safety Administration. One was NHTSA's announcement that it was...
  • Auto recalls speed up, are on track to break a record

    Auto recalls speed up, are on track to break a record
    American car owners have been peppered by recall announcements in 2014, as automakers have issued almost 20 million vehicle safety announcements so far this year. No, the world's cars aren't falling apart. But headlines and lawsuits over slow recalls...
  • Chrysler fuels profits at newly merged Fiat Chrysler Automobiles

    Chrysler fuels profits at newly merged Fiat Chrysler Automobiles
    The newly merged Chrysler and Fiat auto companies reported profitable fourth quarters Wednesday and announced a series of transactions that will combine control of the carmakers into a Netherlands-based holding company. The creation of Fiat Chrysler...
  • Fiat Chrysler unveils aggressive five-year plan

    Fiat Chrysler Automobiles wants to turn Jeep into a global brand and bring Alfa Romeo back to the U.S. as part of an aggressive five-year plan unveiled Tuesday. The company is working to meld Auburn Hills, Mich.-based Chrysler Group with Turin, Italy-...
  • Have car shows run out of road?

    Have car shows run out of road?
    At March’s Geneva Motor Show, a 15-minute press conference cost the world’s largest carmakers a cool €550 a second. For many in the industry, such extravagance is looking like an overpriced luxury that it no longer has the stomach for....